TSLL vs. BAMU
TSLL (Direxion Daily TSLA Bull 2X ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - TSLL is a Leveraged Equities fund actively managed by Direxion, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. Both are actively managed. Over the past year, TSLL returned -13.37% vs 2.87% for BAMU. At a 0.01 correlation, their price movements are largely independent. TSLL charges 0.83%/yr vs 1.09%/yr for BAMU.
Performance
TSLL vs. BAMU - Performance Comparison
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Returns By Period
In the year-to-date period, TSLL achieves a -37.67% return, which is significantly lower than BAMU's 1.18% return.
TSLL
- 1D
- -12.25%
- 1M
- -22.54%
- YTD
- -37.67%
- 6M
- -46.82%
- 1Y
- -13.37%
- 3Y*
- -7.12%
- 5Y*
- —
- 10Y*
- —
BAMU
- 1D
- 0.00%
- 1M
- 0.16%
- YTD
- 1.18%
- 6M
- 1.29%
- 1Y
- 2.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLL vs. BAMU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLL Direxion Daily TSLA Bull 2X ETF | -37.67% | -26.80% | 99.63% | -1.09% |
BAMU Brookstone Ultra-Short Bond ETF | 1.18% | 3.21% | 4.14% | 1.20% |
Correlation
The correlation between TSLL and BAMU is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2023 | 0.01 |
The correlation between TSLL and BAMU shifts across timeframes, from -0.10 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TSLL vs. BAMU — Risk / Return Rank
TSLL
BAMU
TSLL vs. BAMU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 2X ETF (TSLL) and Brookstone Ultra-Short Bond ETF (BAMU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TSLL | BAMU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.09 | ||
| Sortino ratioReturn per unit of downside risk | -8.32 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 2.41 | -1.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 24.37 | -24.62 |
| Martin ratioReturn relative to average drawdown | -0.49 | 96.52 | -97.02 |
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Drawdowns
TSLL vs. BAMU - Drawdown Comparison
The maximum TSLL drawdown since its inception was -82.88%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for TSLL and BAMU.
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Drawdown Indicators
| TSLL | BAMU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.88% | -0.36% | -82.52% |
Max Drawdown (1Y)Largest decline over 1 year | -54.75% | -0.12% | -54.63% |
Max Drawdown (3Y)Largest decline over 3 years | -82.88% | — | — |
Current DrawdownCurrent decline from peak | -68.52% | 0.00% | -68.52% |
Average DrawdownAverage peak-to-trough decline | -53.92% | -0.02% | -53.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.78% | 0.03% | +27.75% |
Volatility
TSLL vs. BAMU - Volatility Comparison
Direxion Daily TSLA Bull 2X ETF (TSLL) has a higher volatility of 28.98% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that TSLL's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLL | BAMU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.98% | 0.09% | +28.89% |
Volatility (6M)Calculated over the trailing 6-month period | 56.84% | 0.39% | +56.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.07% | 0.58% | +88.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 106.91% | 0.87% | +106.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 106.91% | 0.87% | +106.04% |
TSLL vs. BAMU - Expense Ratio Comparison
TSLL has a 0.83% expense ratio, which is lower than BAMU's 1.09% expense ratio.
Dividends
TSLL vs. BAMU - Dividend Comparison
TSLL's dividend yield for the trailing twelve months is around 8.21%, more than BAMU's 3.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BAMU Brookstone Ultra-Short Bond ETF | 3.05% | 3.20% | 3.97% | 0.84% | 0.00% |
TSLL Direxion Daily TSLA Bull 2X ETF | 8.21% | 5.00% | 2.47% | 4.44% | 1.57% |
Frequently Asked Questions
TSLL and BAMU have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLL has higher volatility (28.98%) compared to BAMU (0.09%). In terms of maximum drawdown, TSLL dropped -82.88% vs BAMU's -0.36%.
On 1-year performance, BAMU leads with 2.87% vs -13.37% for TSLL. On fees, TSLL is cheaper at 0.83% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BAMU has performed better with a 2.87% return vs -13.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TSLL is cheaper with a 0.83% expense ratio, compared with 1.09% for BAMU.
TSLL has the higher dividend yield at 8.21%, compared with 3.05% for BAMU.
TSLL is categorized as Leveraged Equities, while BAMU is Ultrashort Bond. They also come from different issuers: Direxion and Brookstone. Their fees differ too: 0.83% for TSLL and 1.09% for BAMU.
BAMU currently has the higher Sharpe Ratio (4.94 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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